SN vs. HEI

Last updated Jun 4, 2026

SN (SharkNinja Inc.) and HEI (HEICO Corporation) are both stocks. SN operates in Furnishings, Fixtures & Appliances (Consumer Cyclical), while HEI operates in Aerospace & Defense (Industrials). Over the past year, SN returned 31.35% vs 10.34% for HEI. At a 0.30 correlation, their price movements are largely independent.

Performance

SN vs. HEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SharkNinja Inc. (SN) and HEICO Corporation (HEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SN achieves a 8.36% return, which is significantly higher than HEI's 1.74% return.

SN

• 1D: -0.83%
• 1M: 5.63%
• YTD: 8.36%
• 6M: 12.86%
• 1Y: 31.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HEI

• 1D: -0.91%
• 1M: 22.11%
• YTD: 1.74%
• 6M: 6.39%
• 1Y: 10.34%
• 3Y*: 26.77%
• 5Y*: 17.65%
• 10Y*: 25.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SN vs. HEI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SN SharkNinja Inc.	8.36%	14.93%	90.27%	23.82%
HEI HEICO Corporation	1.74%	36.22%	33.05%	1.64%

Correlation

The correlation between SN and HEI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.30

Fundamentals

Market Cap SN : $17.26B HEI : $46.42B
EPS SN : $4.96 HEI : $5.60
PE Ratio SN : 24.44 HEI : 58.78
PEG Ratio SN : 0.60 HEI : 2.65
PS Ratio SN : 3.33 HEI : 9.45
PB Ratio SN : 6.25 HEI : 8.61
Total Revenue (TTM) SN : $5.18B HEI : $4.91B
Gross Profit (TTM) SN : $3.22B HEI : $943.00M
EBITDA (TTM) SN : $1.06B HEI : $1.12B

Return for Risk

SN vs. HEI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SN

SN Risk / Return Rank: 62
SN Sharpe Ratio Rank: 65
SN Sortino Ratio Rank: 61
SN Omega Ratio Rank: 58
SN Calmar Ratio Rank: 62
SN Martin Ratio Rank: 62

HEI

HEI Risk / Return Rank: 49
HEI Sharpe Ratio Rank: 52
HEI Sortino Ratio Rank: 46
HEI Omega Ratio Rank: 46
HEI Calmar Ratio Rank: 49
HEI Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SN vs. HEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SharkNinja Inc. (SN) and HEICO Corporation (HEI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SN	HEI	Difference
Sharpe ratio Return per unit of total volatility	0.76	0.32	+0.45
Sortino ratio Return per unit of downside risk	1.33	0.70	+0.64
Omega ratio Gain probability vs. loss probability	1.16	1.09	+0.07
Calmar ratio Return relative to maximum drawdown	1.04	0.38	+0.66
Martin ratio Return relative to average drawdown	2.31	0.93	+1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SN vs. HEI - Sharpe Ratio Comparison

The current SN Sharpe Ratio is 0.76, which is higher than the HEI Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of SN and HEI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SN	HEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.32	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.51	+0.44

Drawdowns

SN vs. HEI - Drawdown Comparison

The maximum SN drawdown since its inception was -42.64%, smaller than the maximum HEI drawdown of -75.50%. Use the drawdown chart below to compare losses from any high point for SN and HEI.

Drawdown Indicators

	SN	HEI	Difference
Max Drawdown Largest peak-to-trough decline	-42.64%	-75.50%	+32.86%
Max Drawdown (1Y) Largest decline over 1 year	-30.23%	-27.11%	-3.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.73%	—
Current Drawdown Current decline from peak	-7.75%	-8.08%	+0.33%
Average Drawdown Average peak-to-trough decline	-9.38%	-19.96%	+10.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.62%	11.10%	+2.52%

Volatility

SN vs. HEI - Volatility Comparison

The current volatility for SharkNinja Inc. (SN) is 12.80%, while HEICO Corporation (HEI) has a volatility of 14.97%. This indicates that SN experiences smaller price fluctuations and is considered to be less risky than HEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SN	HEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.80%	14.97%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	30.07%	27.14%	+2.93%
Volatility (1Y) Calculated over the trailing 1-year period	41.24%	32.64%	+8.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.79%	27.58%	+21.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.79%	30.60%	+18.19%

Dividends

SN vs. HEI - Dividend Comparison

SN has not paid dividends to shareholders, while HEI's dividend yield for the trailing twelve months is around 0.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HEI HEICO Corporation	0.07%	0.07%	0.09%	0.11%	0.12%	0.12%	0.12%	0.12%	0.14%	0.08%	0.22%	0.28%
SN SharkNinja Inc.	0.00%	0.00%	0.00%	2.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SN and HEI in my portfolio?

SN and HEI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SN or HEI?

HEI has higher volatility (14.97%) compared to SN (12.80%). In terms of maximum drawdown, SN dropped -42.64% vs HEI's -75.50%.

Which has better risk-adjusted returns?

SN currently has the higher Sharpe Ratio (0.76 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.